OVERSEAS PRIVATE INVESTMENT CORPORATION
Overseas Private Investment Corporation (OPIC) encourages and assists U.S. private investments in lesser developed nations. OPIC insurance and financing are available in 140 countries around the world. OPIC provides for political risk insurance for overseas investment and direct loans of up to $6 million for small businesses.
ABOUT OPIC
The Overseas Private Investment Corporation (OPIC) is an agency of the U.S. government established in 1971 that helps U.S. businesses invest overseas and promotes economic development in new and emerging markets.
OPIC’s mission is to “foster economic development in new and emerging markets, support U.S. foreign policy and create U.S. jobs by helping U.S. businesses to invest overseas.” The agency provides political risk insurance against the risks of inconvertibility, political violence, or expropriation. OPIC also provides financing through direct loans and loan guaranties.
OPIC operations cost nothing to American taxpayers because it charges market-based fees for its products and services. The agency has earned a profit in each year of operations – $175 million in 2002 – and built its reserves to more than $4 billion.
CONTACT OPIC
For information about what OPIC can do, call 202/336-8799 or FAX: 202/833-3375.
Official website: http://www.opic.gov
Overseas Private Investment Corporation
1100 New York Avenue, N.W.
Washington, D.C. 20527
Phone: 202/336-8799
FAX: 202/789-2566